Scout was founded in 2009, initially working on an advisory basis to private middle market upstream operators and funds, evaluating over $1 billion in assets in the first 24 months and completing over $60 million in transactions.
In 2011 Scout initiated its investment fund for institutional investors.
By 2014 Scout established operations in Texas, Kansas, and Oklahoma through 20 acquisitions and had grown to 45 headquarters and field staff.
2014 successfully closed Scout II.
In 2016 Scout completed Scout II acquisitions, adding to operations in Texas and establishing operations in Montana.
2016 successfully closed Scout III.
In 2017 Scout completed Scout III acquisitions, adding to operations in Texas and Kansas, and establishing North Dakota operations.
2018 successfully closed Scout IV.
In 2019 Scout completed Fund IV acquisitions, closed the largest acquisition in firm history in Southwest Kansas, expanded its footprint into Utah, and completed its first co-investment.
2020 successfully closed Scout V.
To date, the firm has grown to over $2 billion in acquisitions and produces over 110,000 boepd across 4+ million acres from 660+ mmboe of reserves. Today the Scout team has over 830 headquarters and field staff